BNB Chain launches incubator program to boost European Web3 startups
BNB Chain has unveiled an incubator program dubbed “innovation incubator” which is set to target European -based Web3 startups and developers. BNB Chain, which powers the Binance cryptocurrency exchange and BNB, has announced its newest development-focused project with a focus on European developers . Program participants in the three-week online “innovation incubator” must have at […]
Dapper Labs restricts Russian accounts amid EU sanctions
Dapper Labs was told to restrict these accounts because its “payment processing and stored value service partner is subject to EU rules.” Following the implementation of additional restrictions by the European Union (EU) against Russia and its citizens, Flow blockchain developers Dapper Labs have blocked Russian accounts. The most recent round of EU sanctions on […]
European Union sanctions crypto cross-border payments from Russian accounts
European Union regulators have sanctioned cross-border cryptocurrency transfers, crypto-asset wallets, accounts, and custody services from Russian user accounts. In response to the protracted and lately intensified conflict in Ukraine, the European Union announced new sanctions against Russia on October 6. The new measures include a total prohibition on cross-border cryptocurrency transfers between the European Union […]
Leaked MiCA draft indicates EU views some NFTs as securities
A new amendment of the EU Markets in Crypto Assets regulation (MiCA), according to a leaked document, apparently makes mention of fractionalized NFTs. The historic bill will welcome stringent cryptocurrency controls. According to insiders who spoke to CoinDesk, the MiCA is virtually finished but is still open for suggestions. Fungible tokens expressed as one NFT […]
Russians within European Union banned from using BitMEX
BitMEX cryptocurrency exchange in an attempt to strengthen compliance with the European union’s sanctions against Russia is restricting its services to Russian users. Cointelegraph has discovered that BitMEX is altering its policy regarding prohibited jurisdictions in order to comply with the different restrictive restrictions adopted by the European Union. On Monday, the BitMEX cryptocurrency exchange […]